GGICO acquires Lloyds Engineering Company LLC

Thursday, 11 Sep 2008
Category: Finance & Insurance
Countries: United Arab Emirates
Description: Gulf General Investment Co. PSC (GGICO), a Dubai based conglomerate, has announced the acquisition of Lloyds Engineering L.L.C Company, a company specialized in steel fabrication and providing oil-field services; its activities include design, fabrication and erection of steel structure.
Comments:
Gulf General Investment Co. PSC (GGICO), a Dubai based conglomerate, has announced the acquisition of Lloyds Engineering L.L.C Company, a company specialized in steel fabrication and providing oil-field services; its activities include design, fabrication and erection of steel structure.

Lloyds Engineering Company LLC is equipped with modern technology machinery and is located in Ras Al Khor industrial area in Dubai. As part of expansion, Lloyds is currently building its additional facility in Sharjah.

The Company has a professional and highly qualified workforce achieving its production capacity. Lloyds Engineering is permanently engaged in quality and strict control procedures aiming performance.

Gulf General Investment Company (GGICO) was established in 1973 and is a Dubai Financial Market listed public shareholding company. A leading conglomerate in the Middle East, GGICO operates through more than 30 subsidiaries and affiliates, widely diversified activities in manufacturing, industrial, financing and brokerage, insurance, retail, services, trading, transport, hospitality, real estate development and investment in shares and securities. GGICO is rated by Moody's and Fitch. GGICO is celebrating 35 years of excellence.